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University of South Florida Foundation, Inc. Endowment Fund

Name: University of South Florida Foundation, Inc.

Assets Under Management: $413 Million (Source: Duke University on 6/30/2013)

Annual Report: University of South Florida Alumni Association, Inc. Years Ended June 30, 2013 and 2012

Portfolio Insights: “The University of South Florida Alumni Association, Inc. (the Association) is an international organization that assists the University of South Florida (the University) in maintaining and enhancing a mutually beneficial relationship between the University and its alumni.

The Association’s investments are held in various pooled investment funds that are maintained by the University of South Florida Foundation, Inc. (the Foundation). Investments are carried at fair value based on published quotations from the national exchanges or over-the-counter market, except for alternative investments, which are discussed further in Note 4.” (Source)

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Top University of South Florida Foundation, Inc. Endowment Fund Headlines:

1) The Center for Autism and Related Disabilities at USF (CARD-USF) Opens in a new window has, through the generosity and vision of its Development Leadership Board and others, begun an endowment fund to benefit Autism Services at the University of South Florida.

“I am excited at this great news,” said Executive Director Karen Berkman, PhD “With today’s budget cuts, the endowment’s future earnings will allow us to more effectively operate in perpetuity as we continue to build a welcoming community through collaboration and needed services. We appreciate the Board’s confidence and support.” (Source)

2) At the heart of USF is a vibrant, diverse and engaged student body. Serving nearly 48,000 students, the USF System has an annual budget of $1.5 billion and an annual economic impact of $4.4 billion. The USF System includes three separately accredited institutions by the Commission on Colleges of the Southern Association of Colleges and Schools: USF; USF St. Petersburg; and USF Sarasota-Manatee. The university’s main Tampa location is home to USF Health, including the Colleges of Medicine, Nursing, Public Health and Pharmacy.

With 180 degree programs at the undergraduate, graduate, specialty and doctoral levels, including the doctor of medicine, there’s something for everyone at USF. The university offers a dynamic learning environment that inspires innovation, creativity and collaboration and is focused on student success. More than 2,000 distinguished scholars, researchers and expert teachers, nearly all holding PhDs or the highest degrees in their fields, make up the USF faculty – including the 2012 U.S. Professor of the Year. (Source)

3) According to FAMU President Elmira Mangum, advancing the research, teaching, and application of innovative solutions to global socio-economic, ecological and energy sustainability issues is one of the cornerstones of her administration. The FAMU-SI will play a pivotal role toward helping the university to achieve this mission.

“FAMU has received national recognition for its strong commitment to sustainability. As such, the goal of this institute is to enhance our efforts, as well as expose the extensive knowledge and expertise that our faculty and staff possess in this area,” Mangum said. “Our goal is to provide real solutions to some of the world’s greatest and immediate environmental sustainability needs.” (Source)

4) USF is helping doctors across West Central Florida move towards electronic medical records, which can improve patient safety and make health care more convenient. Backed by nearly $6 million in federal funds, PaperFree Florida invests in a whole new professional workforce combining health and information technology. (Source)

5) Two USF faculty members from different disciplines helped develop a new medical alert system that works proactively – providing ongoing monitoring rather than waiting for a reactive push of a button or pull on an emergency cord.

Teaming up are Carla VandeWeerd, PhD, assistant professor in the Department of Community and Family Health at the USF College of Public Health, and Ali Yalcin PhD, associate professor in the Department of Industrial and Management Systems Engineering at the USF College of Engineering. (Source)

About Richard C. Wilson